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Investment signal

$999,900

196 LIVINGSTONE AVENUE

Save this home

Beds

5

Baths

3

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Briar Hill-Belgravia). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Investment Opportunity: Turnkey Detached 3-Unit Home in Trendy Briar Hill-Belgravia! Don't miss this fantastic opportunity to own a fully tenanted, detached multi-unit home. This well-maintained property features three distinct, self-contained suites and convenient shared on-site laundry for all tenants. Front pad parking, as well as a detached garage that could be used for additional parking for smaller vehicles that can fit down the laneway, or is a blank slate for workshop, future garden suite or rent as storage for additional income. Main floor unit is an inviting one-bedroom space featuring a beautifully updated modern kitchen and bathroom. Tenants in this unit enjoy the highly desirable direct walk-out access to the backyard. Moving to the second floor, you will find a spacious two-bedroom layout highlighted by a massive balcony off the front of the house. This provides the perfect outdoor retreat for morning coffee or evening relaxation. The lower level offers excellent privacy with its own separate entrance. This comfortable two-bedroom suite is complemented by a fully updated kitchen and a modernized bathroom. Located in an area known for its trendy vibe and immense popularity among young families, this property offers a steady stream of rental income in a rapidly appreciating community. Commuting is a breeze with major transit routes right at your doorstep. Nature lovers and active residents will appreciate the immediate access to the lush York Beltline Trail system, perfect for walking, running, and cycling. When it is time to relax or run errands, the lively shops, trendy cafes, and incredible restaurants along Eglinton Avenue West are just a short stroll away. The perfect opportunity for an owner occupied investment, a multi generational home or a savvy investor looking to add to their portfolio! (id:65958)

Subtype
Single Family
Structure
House
Community
Briar Hill-Belgravia
Common interest
Freehold
Lot dimensions
25 x 110 FT
Bedrooms
3 above grade, 2 below grade
Parking
1 total
Stories
2
On market
Apr 21, 2026
Status changed
Apr 21, 2026
Annual tax
$4,019
Photos
46
MLS#
W13023542
Area
TORONTO_(BRIAR_HILL-BELGRAVIA)

Features and systems

Parking

Detached GarageGarage

Basement

FinishedN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

TileHardwood

Utilities

SewerElectricityCable
Negative cash flow ~$1,091/mo at these assumptions

Cash on cash

-6.55%

Cap rate

3.55%

GRM

16.7

Break-even rent

$6,149

Financing

Down payment$199,980
Loan amount$799,920
Mortgage$4,053/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$417
Vacancy loss$250

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,053/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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